Showing 1 - 10 of 75,491
We show how repeatedly awarded procurement contracts where unverifiable quality dimensions are relevant can be … handicap ensures the existence of a relational contract under which the buyer selects the more efficient firm and pays it a …-enforcing relational contract entails an handicap which is closer to the difference between the firms' specific-cost, the lower is the …
Persistent link: https://www.econbiz.de/10013067656
Persistent link: https://www.econbiz.de/10009658237
Persistent link: https://www.econbiz.de/10011346415
Persistent link: https://www.econbiz.de/10009758477
Persistent link: https://www.econbiz.de/10010418915
Persistent link: https://www.econbiz.de/10012672342
We analyze the problem of a buyer who purchases a long-term project from one of several suppliers. A changing state of the world influences the costs of the suppliers. Complete contracts conditioning on all future realizations of the state are infeasible. We show that contractual incompleteness...
Persistent link: https://www.econbiz.de/10012105726
Persistent link: https://www.econbiz.de/10013369281
this aspect, the influence of supplier development on procurement performance is negatively affected by contract management … difficulties. The study contributes to the supplier management, procurement performance, and contract management literature by …This paper investigates the relationship between supplier development and procurement performance in the public sector …
Persistent link: https://www.econbiz.de/10014434063
Persistent link: https://www.econbiz.de/10015064942